On Wednesday, April 2, 2025, during his visit to Uganda, Mr. Jonathan Narh-Dometey of the Ghana Petroleum Commission praised Uganda’s approach to integrating oil and gas development with both ecosystem preservation and economic growth, ensuring long-term...
The increasing money laundering, terrorism financing, and the proliferation of weapons of mass destruction in most African countries have continued to threaten national security, economic stability, and development in most countries within the region.
This was revealed...
Mwesigwa explained that a peaceful transfer of power is the one that will facilitate the restoration of the presidential term limits, asking President Museveni to lead this by example. He added that if someone else takes power from him forcefully, as he did in 1986, his gospel will have no impact.
The directive is in accordance with section 89(1) of the Tier 4 Microfinance Institutions and Money Lenders Act, which states that the maximum interest rate that a money lender shall charge on the principal or the actual sum of money advanced as a loan to a borrower is two point eight percent (2.8%) per month or thirty-three point six percent (33.6) per annum.